Singapore will soon receive a Swiss accelerator and a venture capital firm, as Blockchain Valley Ventures has decided that our island nation will be their next stop, destined for operations in 2019.
With SGInnovate as a key partner in Singapore, Blockchain Valley Ventures aims to become the bridge between Europe and Asia for both investors and technology companies. They are trying to get good projects and offers and expand their regional presence in what they consider to be one of the fastest growth engines in the blockchain industry, Asia.
Blockchain Valley Ventures' strategy for financing new businesses is a hybrid of two different forms of financing, the most traditional venture capital model and the latest model of Security Token Offering (STO).
The hybrid investment model leverages both traditional and newer form finance to help Blockchain Valley Venture portfolio companies accelerate business growth and development, delivering significant advantages over more conventional investment mechanisms. As one of the first few players using a similar hybrid model, the Venture company is uniquely positioned to offer support at various stages of development and expansion plans. Just launched at the beginning of this year, Blockchain Valley Ventures has established itself in the Swiss blockchain ecosystem, considered popularly as one of the most advanced blockchain ecosystems globally and has already successfully supported several companies in Switzerland in their symbolic offers.
Some of their portfolio companies include Securosys, Rice Exchange, Sanostro and Intimatch, which range from the rice exchange platform to data protection used by the Swiss National Bank and the Swiss Stock Exchange (SIX).
The blockchain Valley Venture, an investment note for blockchain opportunities, has a size of 10 million CHF (SG $ 13.70 million) today and initially focused on Swiss and European investment opportunities.
The VC is trying to capitalize on the blockchain market, which is expected to grow at the CAGR of 87% to reach US $ 16 billion ($ 22.09 billion) by 2024. The Asia-Pacific region will be one of the markets the world's fastest-growing blockchain technology in the next five years.
Heinrich Zetlmayer, founder of Blockchain Valley Ventures, said:
"We strive to be a true accelerator that drives the growth of the most promising portfolio companies.The strategy to realize the value of BV Venture is to look for outputs through STOs or commercial sales to strategic buyers. term is to become a leading venture capital investor for companies enabled to cryptography and blockchain. "